NBFC Area Credit Manager Salaries by 4 Employees (Updated 2025)

7 - 8 years exp.

₹7 Lakhs - ₹17.3 Lakhs

Salary of majority employees

Fixed (91%)

₹10.8 Lakhs

Variable (9%)

₹1.0 Lakh

At par with the average Area Credit Manager Salary in Insurance Companies for 7 - 8 years of experience

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Last Updated: 20 Feb 2025

Companies similar to NBFC for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Cholamandalam MS General Insurance Area Credit Manager Salary 3 - 11 years exp. (4 salaries)	₹10 L/yr - ₹14 L/yr 4% more
ICICI Bank Area Credit Manager Salary 2 - 14 years exp. (371 salaries)	₹5.4 L/yr - ₹19.4 L/yr 11% more
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Axis Bank Area Credit Manager Salary 6 - 14 years exp. (301 salaries)	₹6.5 L/yr - ₹23 L/yr 25% more
Cholamandalam Investment & Finance Area Credit Manager Salary 6 - 16 years exp. (249 salaries)	₹6 L/yr - ₹20 L/yr 3% more
HDFC Bank Area Credit Manager Salary 5 - 18 years exp. (223 salaries)	₹7.9 L/yr - ₹30 L/yr 58% more

Area Credit Manager salary at NBFC ranges between ₹7 Lakhs to ₹17.3 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of NBFC.

Experience wise NBFC Area Credit Manager salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹15 L/yr
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8 years (AmbitionBox Estimate)	₹15 L/yr - ₹17.3 L/yr

Similar Designation salaries in NBFC

Zonal Credit Manager Salary

(3 salaries)

₹37.2 L/yr - ₹45 L/yr

Branch Credit Manager Salary

(4 salaries)

₹1.65 L/yr - ₹8 L/yr

Credit Manager Salary

(13 salaries)

₹3 L/yr - ₹10.25 L/yr

Deputy Credit Manager Salary

(5 salaries)

₹6.8 L/yr - ₹9.5 L/yr

Regional Credit Manager Salary

(4 salaries)

₹10.5 L/yr - ₹25 L/yr

Assistant Credit Manager Salary

(4 salaries)

₹2.9 L/yr - ₹6 L/yr

Branch Manager Salary

(18 salaries)

₹2.6 L/yr - ₹7 L/yr

Sales Manager Salary

(9 salaries)

₹2.05 L/yr - ₹6 L/yr

Credit Officer Salary

(9 salaries)

₹2 L/yr - ₹3.2 L/yr

Relationship Manager Salary

(10 salaries)

₹2.3 L/yr - ₹5 L/yr

Salary related reviews for NBFC

Back Office Executive in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Jul 2024

2.0

for Salary and Benefits

Likes

Nbfc are hell for anyone…some of target and money greedy companies wants 100% for employee and want from them to work overtime no holiday in closings and if any festival comes in closing they will not give holiday.. If your employee is not happy how could he work better…

Skill development - Good

+3 more

Dislikes

Work load and salary low

Salary - Poor

+1 more

Bajaj Finance Limited in Mumbai

Asset Based Finance . FD . Secured and Unsecured Loans both.. Department

5.0

• posted on 22 Apr 2019

5.0

for Salary and Benefits

Likes

...gement is very demanding. It's very tough and challenging for middle Management. Compensation , R&R , salary increment is better then competition.

Salary - Excellent

+4 more

Dislikes

Higher management is very demanding. It's very tough and challenging for middle Management. Work Life balance is poor.

Work-life balance - Poor

Assistant Manager

Sales & Business Development Department

4.0

• posted on 04 Oct 2017

4.0

for Salary and Benefits

Likes

Highly motivated teams, proper training, innovations in marketing, helps for a strong foundation in career growth are good aspects

Salary - Good

+1 more

Dislikes

No job security and less career growth less salary, bad work-life balance

Job security - Poor

Assistant Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

Yeah company policy and work managment are really great because I joined 2017 and now I m working same company.

Salary - Good

+6 more

Dislikes

Not any particular as always there is two thing's of anything but it's depend on us that how can we manage or balanced.

Senior Area Collection Manager in Wani

BFSI, Investments & Trading Department

5.0

• posted on 28 Oct 2021

5.0

for Salary and Benefits

Likes

i like the working culture of NBFC in collection segment. as well as there is fast career growth based on performance along with salary increment.

Salary - Excellent

+3 more

Dislikes

In NBFC their is problem of holiday as compare to banking sector.

Work-life balance - Poor

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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NBFC Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at NBFC ?

The average salary of a Area Credit Manager at NBFC in India typically ranges from ₹7.0 Lakhs to ₹17.3 Lakhs per year, depending on experience (from 7 years to 8 years).

The top 10% of Area Credit Manager at NBFC earn more than ₹17.3 Lakhs per year, and the top 1% earn over ₹17.3 Lakhs per year. Area Credit Manager Salaries at NBFC can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 NBFC employees in India.

What is the estimated take home salary of a Area Credit Manager at NBFC in India?

The estimated take-home salary of a Area Credit Manager at NBFC in India typically ranges from ₹84,190 to ₹86,392 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹17.3 Lakhs per year for employees with experience ranging from 7 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of NBFC. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than NBFC for Area Credit Manager in India?

HDFC Bank	₹7.9 Lakhs to ₹30.0 Lakhs per year
Axis Bank	₹6.5 Lakhs to ₹23.0 Lakhs per year
ICICI Bank	₹5.4 Lakhs to ₹19.4 Lakhs per year
Cholamandalam MS General Insurance	₹10.0 Lakhs to ₹14.0 Lakhs per year
Cholamandalam Investment & Finance	₹6.0 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by NBFC, depending on the role and experience level.

How the salary growth look like for a Area Credit Manager at NBFC in India?

The salary growth for a Area Credit Manager at NBFC depends on factors such as experience, performance, and promotions. On average, a Area Credit Manager can expect the following growth trajectory at NBFC:

Experience	Average Salary Range
7 years	₹7.0 Lakhs to ₹15.0 Lakhs per year
8 years	₹15.0 Lakhs to ₹17.3 Lakhs per year

and so on.

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NBFC Area Credit Manager Salaries

NBFC Area Credit Manager salary in India ranges between ₹7 Lakhs to ₹17.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NBFC latest salaries received from various employees of NBFC.